Cutting Edge

July 7, 1985|By Red

J. Peter Grace, the corporate executive whose name adorns the report of the private commission on waste in government, is undeterred by the kicked- over beehive activity of his opponents, who include virtually everyone on the receiving end of government largess.

In stumping the country, Mr. Grace has shown that he's as good at cutting down his opponents from the dais as he is at cutting government budgets. In Tallahassee recently, Mr. Grace made the perfect assessment of Defense Secretary Caspar Weinberger: ''Trying to get Caspar Weinberger to cut waste in the Defense Department is like asking Bernie Goetz for $5.''